Sempra Energy (SRE)
Number of days of payables
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 1.37 | 1.50 | 1.61 | 1.45 | 1.28 | 1.24 | 1.47 | 1.22 | 1.26 | 1.29 | 1.51 | 1.74 | 1.43 | 1.62 | 1.72 | 1.63 | 1.59 | 1.84 | 1.61 | 1.91 | |
| Number of days of payables | days | 265.47 | 243.37 | 227.00 | 252.05 | 284.59 | 294.33 | 248.07 | 299.39 | 289.98 | 282.41 | 241.69 | 209.23 | 255.44 | 225.13 | 212.33 | 223.27 | 230.20 | 198.73 | 226.48 | 190.93 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 1.37
= 265.47
The number of days of payables for Sempra Energy has exhibited fluctuations over the past few years. From March 31, 2020, to December 31, 2024, the trend indicates an overall increase in the number of days it takes the company to pay its creditors.
The average number of days of payables increased from approximately 190 days in March 2020 to around 265 days by December 2024. This suggests that Sempra Energy is taking longer to settle its payables compared to earlier periods.
The number of days of payables can signify the efficiency of the company's working capital management. An increasing trend may indicate that the company is stretching out its payment terms with suppliers, potentially improving cash flow in the short term but could also signal strained relationships with vendors in the long run.
It would be advisable for stakeholders to closely monitor this trend in the number of days of payables to assess its impact on Sempra Energy's financial health, liquidity, and supplier relationships.
Peer comparison
Dec 31, 2024